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Sep 27, 2012
09/12
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our investor fears over europe diminished? td ameritrade senior vice president joins us now for the last hour of trading and the fox business exclusive. thank you for being here. i judge you are not buying it either. they come out with a budget not putting aside the debt crisis. >> we have seen this movie a couple of times before. in looking at some of the surveys we do t due to our inve, 5.6 million funded accounts with retail investors, it is not really something they indicate is that big of a concern to them. the larger concern is the economic situation here. oddly enough the federal deficit. ashley: it is interesting because a lot of the economic data, durable goods, we did not see a big selloff on the market at all. people not excited about stimulus in china and the budget. >> i would say those are probably shorter-term things. when people think about their investment career, they think on a longer-term and the things that will really affect that, they are not overseas, they are here. ashley: what about the fed and twqe3,
our investor fears over europe diminished? td ameritrade senior vice president joins us now for the last hour of trading and the fox business exclusive. thank you for being here. i judge you are not buying it either. they come out with a budget not putting aside the debt crisis. >> we have seen this movie a couple of times before. in looking at some of the surveys we do t due to our inve, 5.6 million funded accounts with retail investors, it is not really something they indicate is that...
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Sep 26, 2012
09/12
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cheryl: you bring up the issue of europe and looking at the markets. this does not seem to be ending any time soon. is not a question of if spain need the bailout but when spain will need a bailout. at what point do investors take notice and make trades accordingly? >> exactly what the problem has been. they put that in the background and made everybody feel everything was ok. what we started to see was the unraveling of europe and once again the seriousness of that situation is in the forefront so a lot will take place in october. he will have a more volatile market and you will see investors moving into the final quarter stand up and take notice and price risk accordingly based on what is happening. spain is hoping it lee comes because it will take some pressure off of them to make a deal. cheryl: let me go to mike macfarlane to talk about the oil contract. what is going on? below $90 the inventory or is it a combination of things that has traders saying i will get the sound button today? >> a lot of uncertainty overseas. if you look at it technicall
cheryl: you bring up the issue of europe and looking at the markets. this does not seem to be ending any time soon. is not a question of if spain need the bailout but when spain will need a bailout. at what point do investors take notice and make trades accordingly? >> exactly what the problem has been. they put that in the background and made everybody feel everything was ok. what we started to see was the unraveling of europe and once again the seriousness of that situation is in the...
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Sep 25, 2012
09/12
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and the debt crisis unresolved in europe. liz: you really have the ear of many fed members just a week ago you had eric rosengrin on the opposite side who felt q e has started to work and witnessed in the housing market. >> that is right. she pointed to the increase in the stock market for one thing as a sign that this was already having an impact and the fact that mortgage interest rates actually dropped on the day they made the announcement and he thinks that will support the housing market so he thinks this is the right direction to go and that is the great debate we are having in the fed. what is the right direction? we don't know. and chartered waters for all of us. liz: a lot of voices to come to fox business. rich edson is in the beltway. liz: let's go to rich. rich: the u.s. is at the mercy of events in libya. instead of shaping them president obama speaking to the united nations says the u.s. cannot solve every problem in the world and cannot dictate the outcome of democratic transitions abroad. campaign surprising a
and the debt crisis unresolved in europe. liz: you really have the ear of many fed members just a week ago you had eric rosengrin on the opposite side who felt q e has started to work and witnessed in the housing market. >> that is right. she pointed to the increase in the stock market for one thing as a sign that this was already having an impact and the fact that mortgage interest rates actually dropped on the day they made the announcement and he thinks that will support the housing...
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Sep 24, 2012
09/12
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a debt crisis will not take the debt crisis down like in europe. the president ducked the issue, and i'm afraid if he was re-elected, we'll have four more years of the same. >> taxes, briefly. governor romney releasing tax returns, paid about 14%, and he could have paid less than that. should he have paid more? i don't mean send a larger check to the treasury, but under a new tax system in the country, would you like to see folks like governor romney have fewer tax deductions available to them? >> that is the premise we make. i say three things. number one, mitt's tax returns say he's a successful businessman. that's a good thing, i think. that's the experience we want. number two, he's a generous man. he and ann are generous people believing in civil society and charities. three, our pro-growth tax reforms are to lower tax rates for everybody by plugging loopholes starting with people like mitt romney. >> he'd pay more? >> yes, people in the top tax bracket. higher income people can use lots of shelters to shelter income from taxation. close those
a debt crisis will not take the debt crisis down like in europe. the president ducked the issue, and i'm afraid if he was re-elected, we'll have four more years of the same. >> taxes, briefly. governor romney releasing tax returns, paid about 14%, and he could have paid less than that. should he have paid more? i don't mean send a larger check to the treasury, but under a new tax system in the country, would you like to see folks like governor romney have fewer tax deductions available to...
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Sep 21, 2012
09/12
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europe is the place to look right now. europe is the next place to be thinking about putting risk assets. liz: we have not talked about treasuries litely, but for awhile, everybody piled in because of the fear, not a great trade, just a 1.149% on the yield of the 10-year, but this one, there's an opportunity to fixed incomes, not treasuries, but corporates? >> that's right. high yield fixed income is a place to look. again, the economy's doing better. the federal, the easing policy means there's money slashing around, and the bonds continue to do well for two reasons. the company's are going to do well because the economy is doing better and the yield is attractive. regular fixed income rates are low. liz: a broader feel for the markets, and we do have an election coming up in november, the so-called fiscal cliff. >> yeah. liz: how concerned should the investor watching right now be? >> well, the fiscal cliff will be solved by the next administration no matter which way it goes. it is something to be concerned about, but i
europe is the place to look right now. europe is the next place to be thinking about putting risk assets. liz: we have not talked about treasuries litely, but for awhile, everybody piled in because of the fear, not a great trade, just a 1.149% on the yield of the 10-year, but this one, there's an opportunity to fixed incomes, not treasuries, but corporates? >> that's right. high yield fixed income is a place to look. again, the economy's doing better. the federal, the easing policy means...
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Sep 20, 2012
09/12
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i think overall, news out of europe and china has not been good. we have a little bit of a disconnect. clearly, i think the housing market is still the thing pushing us. we have real estate, and four ipos did well, the first being over 40% at one point today. i don't know where it's at now, but it was almost 45% at one point. that really speaks to the strength of the news on the housing market has in this market overall. liz: very true. glad you brought it up, equally happy you brought up china because while everybody, most of you are sleeping, china came out with manufacturing numbers. you saw it in the cme pits, and the manufacturing numbers slowed down for the 11th month straight. that slammed the shanghai stock definitely. how much of that has to do with the color me cautious trading we are seeing today? >> it has to do a lot with it. look at global pmis, they remain under 50, and below that contraption level. that's a concern. we saw that in the treasury market this morning spiking from the highs, and now we backed off a bit. it's a cautious t
i think overall, news out of europe and china has not been good. we have a little bit of a disconnect. clearly, i think the housing market is still the thing pushing us. we have real estate, and four ipos did well, the first being over 40% at one point today. i don't know where it's at now, but it was almost 45% at one point. that really speaks to the strength of the news on the housing market has in this market overall. liz: very true. glad you brought it up, equally happy you brought up china...
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Sep 19, 2012
09/12
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has scaled back its gains but still at this level, $1.30 is getting more and more pricy to go visit europe. anybody in the euro zone there. but the dollar showing minor gains, some of this has to do with the fact that the bank of japan overnight did announce it would pull a central banker move. it's doing qe in its own form. it is doing large scale asset purchases to help its country. so at the moment you started to see currencies moving all over the place. in the wake of that the dollar is a slight beneficiary. now let's get to nicole petallides on the floor of the new york stock exchange. i guess i could call them watercooler stocks. nicole: i think it is fun to check in sometimes on some of the most popular stocks or stocks that people talk about or things they are familiar with, like facebook, for example, right? we saw facebook ipo at $38. then it sold off. how about the fact that it is up more than 25% for the month of september alone. and it's a winner today. again facebook at 23.05. how about amazon gaining today. how about google at a new high today. so google right now 727. that'
has scaled back its gains but still at this level, $1.30 is getting more and more pricy to go visit europe. anybody in the euro zone there. but the dollar showing minor gains, some of this has to do with the fact that the bank of japan overnight did announce it would pull a central banker move. it's doing qe in its own form. it is doing large scale asset purchases to help its country. so at the moment you started to see currencies moving all over the place. in the wake of that the dollar is a...
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Sep 18, 2012
09/12
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liz: it was ben bernanke has specifically said while back everyone looking at europe that you should be looking at china. problem with a slowdown in china is you're not sure about the data so you pick one dated point you like to look at that is a better indicator of whether a market is falling more coming back. >> fundamentals. basis of any market place. iron ore shipments are great indicator if you look how the charts have moved and you see the move and this is recovering and we see a pickup. liz: this is iron ore from australia. >> it is a great example of an economy being able to export itself to another nation. china took all it could get in terms of iron ore to build and create steel. that sought a major at this time last year iron ore trading at $180 a metric ton and it is now 87 or $90. [talking over each other] liz: a nice move to the upside. >> starting to see green shoots if you will. you we are seeing some recovery from the steel side. some indications the people's bank of china is ready to stimulate the economy and that is what it is showing. liz: 37 minutes before the cl
liz: it was ben bernanke has specifically said while back everyone looking at europe that you should be looking at china. problem with a slowdown in china is you're not sure about the data so you pick one dated point you like to look at that is a better indicator of whether a market is falling more coming back. >> fundamentals. basis of any market place. iron ore shipments are great indicator if you look how the charts have moved and you see the move and this is recovering and we see a...
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Sep 17, 2012
09/12
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the election ahead of us, sausage making in europe, two directional risk near term. cheryl: i want to ask you about a couple of things. kind of telling your clients if there was some kind of massive republican swing in washington it would be pro-market. are you talking congress or the white house? >> because of the fiscal cliff you almost need to have one party in charge to get somebody firmly on the string will and keep it from going off the cliff. we think the most lush outcome is all democrats were all republican government. it does not seem like all democratic government. the republican sweep would probably be bullish. cheryl: i told our viewers going out to break there was a stock you are sticking with, that is caterpillar. the stock is much higher than january. are you going to stick with it? >> china hasn't joined the party yet. caterpillar will really start to move. cheryl: more with you a little bit later on the show. we will have more pics from you coming up later on in the show. all in all right now is somebody on the floor handed me a thing of jell-o. i d
the election ahead of us, sausage making in europe, two directional risk near term. cheryl: i want to ask you about a couple of things. kind of telling your clients if there was some kind of massive republican swing in washington it would be pro-market. are you talking congress or the white house? >> because of the fiscal cliff you almost need to have one party in charge to get somebody firmly on the string will and keep it from going off the cliff. we think the most lush outcome is all...
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Sep 13, 2012
09/12
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the fiscal cliff and the problems in europe. look at it as, in part, and interest policy against those kind of things. liz. liz: open ended. that is what jumped out at me, peter. let's bring in gerald henrich. what do you think about the decision, the announcement, and, more importantly, will it work? >> it is a pleasure to be here. one of the things that struck me was the conditionality that was put on future policy and to say that it will be conditional on substantial increases of employment i think it's a major change in the strategy that the federal reserve has undertaken. they are putting on the table, right now, what they will be doing. until the end of this year, if employment does not improve substantially, or unemployment does not decrease substantially, they will continue this and maybe even accelerate it. it is big, not as big as what they did in 2010, but it is pretty big. this whole strategy really puts the fed on a mark that they have to meet. liz: how worried, gerald, do you think that the fed is that we are close
the fiscal cliff and the problems in europe. look at it as, in part, and interest policy against those kind of things. liz. liz: open ended. that is what jumped out at me, peter. let's bring in gerald henrich. what do you think about the decision, the announcement, and, more importantly, will it work? >> it is a pleasure to be here. one of the things that struck me was the conditionality that was put on future policy and to say that it will be conditional on substantial increases of...
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Sep 12, 2012
09/12
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liz: for your sales, are you more worried about europe or the united states? >> short term, i don't worry about either that. we have long term views. i have initial investments for factories coming online in 14, 15, and 16. we use bad economic times as a time to accelerate our lead in industry, move in technology faster, invent things that are more receptive because the markets are ready for new stuff. liz: intel chips are inside the macbook air and today, apple chose at the point to announce the iphone5. you have been optical dare for a long time. how's the relationship with apple or is there tension there? >> i think it's good. they are a huge customer of ours with the mac line. we are doing great things to the. i'm optimistic with them launches with haswell next year. i would love to be in their phones and stuff, but right now, ios just runs on the other architecture. we'd love to help them do a great phone and tablet, but that's up to them. if i were them, though, you don't mess with the best. they have a good formula that works for them. we have to have s
liz: for your sales, are you more worried about europe or the united states? >> short term, i don't worry about either that. we have long term views. i have initial investments for factories coming online in 14, 15, and 16. we use bad economic times as a time to accelerate our lead in industry, move in technology faster, invent things that are more receptive because the markets are ready for new stuff. liz: intel chips are inside the macbook air and today, apple chose at the point to...
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Sep 11, 2012
09/12
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cheryl: let's talk about europe because you have liquidation in europe but at the same time reporting on the fact that there's a massive slowdown in numbers in europe. a risky move for you. why did you make it? >> europe is the weakest economy in the world. doesn't take a genius to figure out there going through difficult times and it is very much like u.s. economy but there are three fifty million people. by some measures five hundred million people if you get the bigger definition. they still have to each and clothe themselves and their children. that creates a lot of demand. cheryl: you do pay a dividend. stock is up 34%, 36%. any chance you might up that -- >> you're going to have to wait to know the answer but nice try. cheryl: is what i do. thank you very much. the chairman and cosi of. closing bell is going to ring in 16 minutes. chris ferguson is up after the break with two dividend payers. that they are absolutely something for you right now. [ owner ] i need to expand to meet the needs of my growing business. but how am i going to fund it? and i have to find a way to manage
cheryl: let's talk about europe because you have liquidation in europe but at the same time reporting on the fact that there's a massive slowdown in numbers in europe. a risky move for you. why did you make it? >> europe is the weakest economy in the world. doesn't take a genius to figure out there going through difficult times and it is very much like u.s. economy but there are three fifty million people. by some measures five hundred million people if you get the bigger definition. they...
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Sep 10, 2012
09/12
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and a couple of percentage, about 6% in, what, europe? >> yeah. liz: a little bit -- >> very little. liz: why not more in asia? some. >> we're predominantly a u.s. fund. we don't look to go out and buy asian securities. when we're looking to play merging or growth markets, it's through a u.s. company with big exposure. for example, budweiser or in brazil, so you're using a developed market to gain access to an emerging market. liz: treasury, thumbs up or thumbs down? >> thumbs down. over anything longer than 30 seconds, thumbs down. [laughter] liz: i'm not aware of a 30-second law. michael's coming back because he's got two names he wants to talk to you about, one pays a dividend and one spinning forward does not pay that big a dividend, but you've got to hear about both of these. the closing bell ringing in 51 minutes. with so many documents and programs moving around in the sky in that cloud, how do you protect your private data? well, don't depend on the government. the cybersecurity bill completely collapsed, but coming up the ceo of proofpoin
and a couple of percentage, about 6% in, what, europe? >> yeah. liz: a little bit -- >> very little. liz: why not more in asia? some. >> we're predominantly a u.s. fund. we don't look to go out and buy asian securities. when we're looking to play merging or growth markets, it's through a u.s. company with big exposure. for example, budweiser or in brazil, so you're using a developed market to gain access to an emerging market. liz: treasury, thumbs up or thumbs down? >>...
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into commodities straight away here, but the take off of gold on the news of what's happening many europe with central banks that the fed based on today's jobs numbers more likely to print more money. how are investors betting on gold today? nicole: they are absolutely loving gold. you see gold at six month highs. you have the stock market, the equities moving higher, freeport mcmoran to name a few. those names are doing so well today. we're hitting multiyear highs for these indices. liz: from goldminers to coal miners. coal is skyrocketing today on news of
into commodities straight away here, but the take off of gold on the news of what's happening many europe with central banks that the fed based on today's jobs numbers more likely to print more money. how are investors betting on gold today? nicole: they are absolutely loving gold. you see gold at six month highs. you have the stock market, the equities moving higher, freeport mcmoran to name a few. those names are doing so well today. we're hitting multiyear highs for these indices. liz: from...
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list, are -- terminology of europe. let's see if this accomplishes what they want to accomplish but let's not forget the good data that came out of here. unemployment tomorrow. i don't expect a big move because we are getting everything price in. i want to see more volume in this market. low-volume and high volatility. these big one way swings are not healthy for the market. i would have preferred 100, that means we might pullback in the short term. cheryl: we have a lot of people with pensions so we are doing that. i am looking at the dow jones industrials. all 30 stocks moving to the upside and that is one of those sort of indicators. the s&p 500, 50% hitting all-time highs. let's go to the cme. do you agree that actions speak louder than words? does look like action out of the european central bank? >> phenomenal what they did. they did something you live with that you understand. there are certain strings attached. countries that get the money don't get the money. countries that get the benefit of lower interest rat
list, are -- terminology of europe. let's see if this accomplishes what they want to accomplish but let's not forget the good data that came out of here. unemployment tomorrow. i don't expect a big move because we are getting everything price in. i want to see more volume in this market. low-volume and high volatility. these big one way swings are not healthy for the market. i would have preferred 100, that means we might pullback in the short term. cheryl: we have a lot of people with pensions...
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so in essence european companies that aren't so dependent on europe. the fund also looks for big dividend payers because everybody is loving dividends right now. but what makes it most unique is on top of all of that, it hedges against euro currency risk because the euro has been up down all around. where are they seeing the best european opportunities? let's find out from wisdom tree's chief investment strategist. so you took an existing fund and you took that and you tweaked it a little bit. what gave you the idea to do that? >> well wisdom tree always looks at valuations around the world. one of the thing we noticed in europe is that a lot of these equity markets are trading right now at a lower p-e ratio than the s&p with dividend yields at at least twice as high as the s&p 500. so that to us was a trigger that it's, you know, there's a potential opportunity here with european stocks. but what we said to ourselves was is there a way to limit the currency risk that people get exposed to when they buy european securities? and that was the idea of jus
so in essence european companies that aren't so dependent on europe. the fund also looks for big dividend payers because everybody is loving dividends right now. but what makes it most unique is on top of all of that, it hedges against euro currency risk because the euro has been up down all around. where are they seeing the best european opportunities? let's find out from wisdom tree's chief investment strategist. so you took an existing fund and you took that and you tweaked it a little bit....